s
Ali Rezazadeh; Ali Moridianali; Fatemeh Havasbeigi,
Abstract
One of the most important lessons of the global financial crisis in 2008 was the importance of maintaining financial stability and systematic risk containment. At the same time, most developing economies are seeking to increase the inclusiveness of their financial systems. Financial inclusion is critical ...
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One of the most important lessons of the global financial crisis in 2008 was the importance of maintaining financial stability and systematic risk containment. At the same time, most developing economies are seeking to increase the inclusiveness of their financial systems. Financial inclusion is critical to inclusive growth and provides policy solutions to remove barriers that exclude people from financial markets. In this regard, the main purpose of this study is to investigate the effects of financial inclusion and the size of the shadow economy on the economic growth in MENA countries during the period of 2008-2018. The results of spatial panel model estimation show that financial inclusion has a positive and significant effect on economic growth. This means that financial inclusion is an effective tool in strengthening rapid economic growth. The positive relationship between financial inclusion and economic growth shows that increasing banking penetration, availability of banking centers and geographic penetration can strengthen economic growth in the long run. Also, in the studied economies, the size of the shadow economy has a significant negative effect on economic growth, and this shows that the shadow economy is an obstacle to economic development.
shiva alizadeh; mohammad alizadeh; vahid shaghaghi shahri; mahbubeh delfan
Abstract
In recent years, many fluctuations in key macroeconomic variables such as growth and inflation, etc. have been observed in Iran.Since the mentioned economic variables have a significant role in the situation of economic stability, so the study of the economic stability of the country have become one ...
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In recent years, many fluctuations in key macroeconomic variables such as growth and inflation, etc. have been observed in Iran.Since the mentioned economic variables have a significant role in the situation of economic stability, so the study of the economic stability of the country have become one of the challenging issues. However, fiscal decentralization as a policy that may increase the country's economic stability has recently been considered by many countries. Therefore, The present study uses the spathial panel method to investigate the effects of fiscal decentralization on the economic stability of the country (a combined indicator of economic growth, inflation and budget deficit) during the years 2006-2016. The results of the study show a nonlinear relationship between fiscal decentralization and economic stability, they show that a 1% improvement in fiscal decentralization of income does reduce the combined index of economic stability by 0/63%, however, with increasing fiscal decentralization of income, economic stability increases. The results also show that a 1% improvement in expenditure decentralization has led to a 1/4% increase in the economic stability index, while at high levels of fiscal decentralization of expenditure, the results indicate a decrease in economic stability.
s
amir ali farhang; Ali Younessi; Vahid Nikpey Pesyan; Amaneh lotfi
Abstract
One of the most important topics discussed in countries, especially in developing countries, is economic growth. Entrepreneurship can be one of the effective factors in increasing the rate of economic growth. Because entrepreneurs can provide the necessary resources for the growth and development of ...
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One of the most important topics discussed in countries, especially in developing countries, is economic growth. Entrepreneurship can be one of the effective factors in increasing the rate of economic growth. Because entrepreneurs can provide the necessary resources for the growth and development of production and human resources, create employment and new business and expand the range of products and services with industrial innovation. Therefore, in the current difficult situation, the need to address the entrepreneurship category and its effects on improving the performance of macroeconomic variables, especially in less developed provinces, is felt more than ever. Therefore, the current research aims to analyze the spatial effects of the spillover effect of the entrepreneurship index on economic growth in the provinces of Iran from 2013 through 2020. The results of this study, in the framework of spatial composite data and based on the estimation of a space Durbin, showed that the logarithm of the entrepreneurship index and its proximity effects have a positive effect on economic growth in the provinces of Iran. From other research results, the variables of human capital logarithm and foreign direct investment inflow logarithm have a positive and significant effect on the economic growth of the above provinces, while the unemployment rate variable harms the economic growth of the provinces. Based on the results of the research, it is recommended to increase the provincial and regional powers according to the relative advantages of the regions,
Economic Growth
Siab Mamipour; Atefeh Rezaei
Volume 8, Issue 31 , June 2018, , Pages 107-122
Abstract
The inverse relationship between economic growth and unemployment rate is known as Okun’s law in the economic literature. According to the importance of Okun's law on economic policy, investigating the relationship between unemployment rate and economic growth is very important at provincial level. ...
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The inverse relationship between economic growth and unemployment rate is known as Okun’s law in the economic literature. According to the importance of Okun's law on economic policy, investigating the relationship between unemployment rate and economic growth is very important at provincial level. Also, with regard to labor mobility between provinces based on economic conditions, spatial and spillover effects are essential in regional studies; therefore, the main objectives of this paper are to investigate Okun's law in Iran's provinces with spatial econometric approach and whether Okun’s law can be used as a rule of thumb for surveying the labor market response to changes in regional economic growth, in Iran's provinces. A panel data set for 30 provinces during period of 2005 to 2013. The results show that unemployment rates and economic growth of provinces have spatial dependence and labor market performance is influenced by macroeconomic situation and its features the economic situation in neighboring provinces. Hence, in this study spatial panel is employed to investigate Okun’s law. The results of spatial panel (SAC) approve accuracy of Okun's law in Iran's provinces; and the development of regional labor market is not limited to the provincial borders and spillovers to other provinces.
